
'DIGITAL TV’ has vigorously grown its free cash flow and earnings over the last two years. It is now cutting churn-related costs, and raising the quality of its subscriber base by tightening credit standards. We believe the company is poised to sustain its strong revenue and earnings growth.
We think DTV shares are relatively inexpensive, and will outperform the market. Unfortunately, that also means that millions of Americans that still depend upon “terrestrial” television will need to find a new way to get digital TV signals.
We think DTV shares are relatively inexpensive, and will outperform the market. Unfortunately, that also means that millions of Americans that still depend upon “terrestrial” television will need to find a new way to get digital TV signals.